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Binance Moves Wall Street Onto the Blockchain, Three Parties Rewriting the Investment Landscape!
<@BackedFi> Will Deploy on <@BNBCHAIN> with BEP-20 Standard
Stock tokenization is an upgrade to the financial system, expanding the imagination of on-chain finance
🤝 <@xStocksFi> × <@BackedFi> × <@BNBCHAIN>
Enabling users to seamlessly connect tokenized US stocks and ETFs, giving global users on-chain access to US stock tokenized assets
<@BNBCHAIN> Business Development Head Sarah S <@Sarahsssc> stated:
"Tokenizing RWA on <@BNBCHAIN> is a crucial step in promoting global financial transparency and accessibility. It facilitates the fusion of traditional markets and DeFi, allowing global users to participate."
♦️Key Points:
Asset Coverage: Common stocks like AAPLx (<@Apple>), TSLAx (<@Tesla>), SPYx (S&P 500 ETF), and NVDAx (<@nvidia>)
Collaboration with <@BNBCHAIN> means: <@xStocksFi> and <@BackedFi> will have an active user base and complete ecosystem, with the chain's current TVL around $10 billion
♦️Expansion:
<@xStocksFi> aims to deploy tokenized stocks globally, transforming the stock market into a global financial system without time zone or geographical restrictions
👇 Let's see what the founders have to say

BNB Chain
@BNBCHAIN
07-09
Say hello to tokenized US equities coming soon on BNB Chain.
Powered by @krakenfx & @BackedFi, you can soon trade top US tokenized equities via @xStocksFi like AAPLx, TSLAx, NVDAx & SPYx on BNB Chain—faster, cheaper & better.
Built for efficiency, transparency & usability 🧵👇 x.com/19146993951754…
📘 Further reading:
🔥 Join the Biyan community to discuss more market opportunities:
• Chinese Telegram group: bit.ly/3YmFBrN
• Hong Kong Telegram Community: bit.ly/HK-TG-Group
• Subscribe to Daily Coin Research Telegram channel: t.me/cryptowesearch_news…
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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